1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ZanzabumX [31]
3 years ago
15

Managerial performance can be measured in many different ways including return on investment (ROI) and residual income. A good r

eason for using residual income instead of ROI is:
Business
1 answer:
snow_lady [41]3 years ago
3 0

Answer:

The main reason behind using the residual income in place of rate if income is that the manager always goes for that project that gives maximum benefit to the organization.

Explanation:

The main reason behind using the residual income in place of rate if income is that the manager always goes for that project that gives maximum benefit to the organization.

As residual income is referred to income that calculated after deducting all debt and expenses occur on the project. ROI is a way to predict the profit of the project while residual income calculates the net income that the organisation generates from the project.

You might be interested in
Anthony corporation reported the following amounts for the year: net sales$296,000 cost of goods sold 138,000 average inventory
VladimirAG [237]

In the given question GP ratio will be 53.4%

Here Net sales= 296000 $

Cost of goods sold= 138000 $

average inventory= 50000 $

Gross profit= Net sales- Cost of goods sold

                    =296000-138000

                     =158000

Formula for calculating Gross profit ratio is:

Gross profit/ Net sales *100

= 158000/296000*100

=53.4%

Gross profit ratio is a financial ratio which measures the performance and efficiency of a business by dividing its gross profit  by the total net sales. The gross profit ratio can also be expressed in  the form of percentage by multiplying the result by 100.

To know more about GP ratio here:

brainly.com/question/22718027

#SPJ4

4 0
1 year ago
Ryngaert Inc. recently issued noncallable bonds that mature in 15 years. They have a par value of $1,000 and an annual coupon of
tatuchka [14]

Answer:

$898.54

Explanation:

The Price of the Bonds is equal to the Present Value or Fair Value of the Bonds.

Using the Financial Calculator, Input elements will be as follows :

N = 15

pmt = $1,000 × 5.7% = $57

YTM / i = 6.8%

Fv = $1,000

Pv = ?

Pv = $898.54

The Coupon rate is lower than the market rate thus the Bonds will fetch a lower price.

5 0
3 years ago
What type of arrangement(s), if any, would avoid double taxation for Wendall's and Shirley's endeavor? Choose the best answer if
musickatia [10]

Answer:

An s corporation or a limited liability company, but not a corporation.

Explanation:

5 0
3 years ago
When creating a new quickbooks data file for an existing company, opening balances are added when you:?
Vesna [10]

The opening balance are being added when creating a new quick books data file for the existing company when there is a presence of having chart of accounts that are provided to be customized that made opening balances to be added.

<span />
4 0
3 years ago
One of the following is an example of managing earnings down (reducing earnings)?
malfutka [58]

Answer:

The answer is (C) Revising the estimated life of equipment from 10 years to 8 years.

Explanation:

Revising estimated life of equipment from 10 years to 8 years has the effect of increasing annual charge of depreciation.

8 0
3 years ago
Other questions:
  • An insurance company purchases a perpetuity-due providing a geometric series of quarterly payments for a price of 100,000 based
    10·1 answer
  • The distribution of the amount of money in savings accounts for florida residents has an average of 2,200 dollars and a standard
    8·1 answer
  • What's the main advantage of establishing per-item prices on an order and pricing form?
    13·2 answers
  • which of the following statements about the impact of a company's competitive efforts in a region on its regional market share a
    10·1 answer
  • A government issued general obligation bonds to finance the construction of a new fire station. In the current year, the governm
    15·1 answer
  • When compared to static budgets, flexible budgets: a.encourage managers to use less fixed cost items and more variable cost item
    13·2 answers
  • A director violates the corporate opportunity doctrine if he or she competes with the corporation, unless the disinterested dire
    6·1 answer
  • Alex Guadet of Nashville, Tennessee, has been renting a two-bedroom house for several years. He pays $900 per month in rent for
    6·1 answer
  • Buying a Home Reading Quiz QUESTION 9 of 10: A "point" on a loan equals: a) 0.1% of the loan amount b) 1% of the loan amount c)
    11·1 answer
  • According to the interest-rate effect, aggregate demand slopes downward (negatively) because a. lower prices reduce money holdin
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!